---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-009573"
form_type: "8-K"
ticker: "BACK"
cik: "0001729944"
company_name: "IMAC Holdings, Inc."
filed_at: "2025-03-07T23:59:59+00:00"
generated_at: "2026-05-25T03:51:19.085231+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# IMAC issues $150.5K notes at discount; calls March 26 special meeting for reverse split, share authorization

## Summary
- Issued $150,500 principal promissory notes for $107,500; unsecured, mature upon $1M offering or Nov 18, 2025.
- Special meeting March 26: vote on issuing shares >19.99% (Series G, ELOC), increasing authorized shares, reverse split 1:2–1:20.
- Engaged Advantage Proxy for proxy solicitation; fee not expected to exceed $15,000.
- Notes have original issue discount of $43,000; prepayable without penalty.

## SEC filing metadata
- accession: 0001493152-25-009573
- form_type: 8-K
- ticker: BACK
- cik: 0001729944
- company_name: IMAC Holdings, Inc.
- filed_at: 2025-03-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729944/000149315225009573/0001493152-25-009573-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729944/000149315225009573/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-009573
- JSON: https://secwatch.observer/filing/0001493152-25-009573.json
- Plain text: https://secwatch.observer/filing/0001493152-25-009573.txt

## Key facts
- Debt Financings
  IMAC Holdings, Inc. incurred loan of $150,500 maturing the earlier of (i) the date of consummation of any offering or offerings, individually or in the aggregate, of securities with gross proceeds of at least $1,000.
  - Instrument: loan
  - Principal: $150,500
  - Maturity: the earlier of (i) the date of consummation of any offering or offerings, individually or in the aggregate, of securities with gross proceeds of at least $1,000
  - Event: incurrence
  source text: On March 6, 2025, IMAC Holdings, Inc. (the “Company”) issued promissory notes (the “Notes”) to certain lenders (the “Lenders”) in the aggregate principal amount of $150,500, for an aggregate purchase price from the Lenders of $107,500.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729944/000149315225009573/0001493152-25-009573-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.